Democratic lawmakers introduced a bill Tuesday aimed at curtailing investor activity in the housing market that can drive up home prices. The Stop Predatory Investing Act, introduced by Sens. Sher…
The Stop Predatory Investing Act, introduced by Sens. Sherrod Brown (D-Ohio), Ron Wyden (D-Oregon) and others, would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.
Even at 50, you already know that there’s gonna be political pundits fearmongering about how Big Government is coming to take away your house or whatever.
The Stop Predatory Investing Act, introduced by Sens. Sherrod Brown (D-Ohio), Ron Wyden (D-Oregon) and others, would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.
50?! The limit ought to be more than 1. Absolutely spineless
Even at 50, you already know that there’s gonna be political pundits fearmongering about how Big Government is coming to take away your house or whatever.